The equity effects of restraints on taxing and spending

by Mark D. Menchik, Anthony H. Pascal


Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback30 pages $20.00 $16.00 20% Web Discount

Reviews changes in subnational public finance in the postwar period to identify the widespread trend restraining taxes and spending. Restraints are both de jure and de facto. Fiscal restraint may affect equity either explicitly or implicitly. The former mechanisms include increased regressivity of revenue systems (such as through user charges) and reduced funding for those redistributive programs that arouse the voters' ire. Implicitly, equity effects may also arise from minorities' reduced career opportunities in the public sector and from attempts to cut costs and improve efficiency, e.g., the elimination of facilities in neighborhoods prone to vandalism.

This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.